Aramco tower at the King Abdullah Financial District (KAFD) in Riyadh on April 16, 2023. AP
The firm, known formally as the Saudi Arabian Oil Co., said it would maintain its maximum output at 12 million barrels a day.
It did not give a reason for the decision. However, crude oil prices globally have fallen over recent months as demand has been soft.
Benchmark Brent crude traded Tuesday around $81 a barrel.
Aramco reported earning $161 billion last year, claiming the highest-ever recorded annual profit by a publicly listed company and drawing immediate criticism from activists worried about climate change.
Short link: